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Pin to quick picksInternational Distributions Services Share News (IDS)

Share Price Information for International Distributions Services (IDS)

London Stock Exchange
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Share Price: 320.40
Bid: 320.80
Ask: 321.20
Change: -1.80 (-0.56%)
Spread: 0.40 (0.125%)
Open: 323.80
High: 324.80
Low: 318.80
Prev. Close: 322.20
IDS Live PriceLast checked at -

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Sunday share tips: Top picks to consider for 2024

Sun, 31st Dec 2023 10:21

(Sharecast News) - The Sunday Times and Mail on Sunday have offered their top investment tips for 2024, which includes stocks from a variety of sectors such cruises and market research to metals and real estate.

Business writers from The Sunday Times each gave their individual choices on what stocks to back. Here are a selection of their best picks.

First up was Oliver Gill who recommended investors take a look at housebuilder Persimmon following a tough year for the sector in 2023. In November, the company reported it was trading in line with forecasts and that build costs were moderating. Meanwhile, it has earmarked £8m to cover the cost of cladding following the Grenfell disaster, which is a lot more than others in the sector. "Whichever way you look at it, this move by the York-based housebuilder could stand it in good stead in 2024," Gill said.

William Turvill has highlighted market research firm YouGov, given the company's political polling services will be in demand amid the "prospect of political turbulence in 2024".

Jill Treanor says professional services group Begbies Traynor is worth a shot, as the company's insolvency services could be much needed with the economic climate set to sour further in the UK next year.

Carnival is another top pick, according to Jon Yeomans, with the cruise-ship operator set to deliver another record-breaking year for revenues in 2024 with customer demand on an upwards trajectory.

Oliver Shah recommends accountancy and business software group Sage despite the stock having already risen 60% in 2023. "My bet, however, is that integrating artificial intelligence into the company's products will put new boosters under the share price. I am hoping for at least 10 per cent from Sage in 2024," Shah said.

Over at the Mail on Sunday, Joanne Hart's Midas column has highlighted four key stocks to take a look at in 2024.

Hart said Empire Metals, the AIM-listed miner based in Western Australia, could surge given it may have discovered one of the biggest titanium deposits in the world.

"Early-stage exploration firms are not for the faint-hearted but adventurous investors should give Empire a go. [...] At 9.3p, Empire shares could go far," Hart said.

Midas also recommends Royal Mail owner International Distribution Services, whose shares have halved over the past two years. Hart said the stock "has been through the mill but at £2.72, the shares should deliver rewards in time. Buy and hold".

Commercial property firm Land Securities is also worth a look, and offers "plenty of upside" after a tough year during which elevated interest rates hit share prices across the real estate sector. "Land Securities has had a tough few years but prospects are much brighter. At £7.05, these shares are a buy," Hart wrote.

Finally, cellular agriculture firm Agronomics could stand to benefit from the booming cultivated meat industry, which could be worth £20bn a year by 2030, the column said. "Agronomics provides investors with a chance to access this market at an early stage and the shares, at 9.5p, are worth a punt."

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3 Apr 2024 12:00

LONDON MARKET MIDDAY: Stocks down over US Fed rates cuts speculation

(Alliance News) - Stock prices in London were down at midday on Wednesday, as investors showed caution over the US interest rate cuts outlook, with continued robust data showing the resilience of the US economy.

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3 Apr 2024 10:09

IDS arm Royal Mail eyes scaling back letter deliveries to save costs

(Alliance News) - International Distributions Services PLC unit Royal Mail on Wednesday proposed a change to its UK letter delivery offering, as it grapples with weaker volumes, in a move which could see "fewer than 1,000 voluntary redundancies".

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3 Apr 2024 10:07

IDS makes submission on future of Universal Service

(Sharecast News) - International Distributions Services proposed an end to daily Second Class deliveries by Royal Mail on Wednesday, in its submission to Ofcom on the future of the Universal Service, in a bid to save up to £300m per year.

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2 Apr 2024 15:47

Royal Mail appoints Heathrow executive as new CEO

(Sharecast News) - Royal Mail has appointed a senior executive from Heathrow to become its next boss as parent company International Distribution Services looks to turn its fortunes around.

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2 Apr 2024 12:24

Heathrow executive Emma Gilthorpe to take the helm at Royal Mail

(Alliance News) - International Distributions Services PLC's Royal Mail has ended its hunt for a new top boss after appointing Heathrow Airport senior executive Emma Gilthorpe to the helm at a crucial time for the postal service.

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20 Mar 2024 08:44

Paypoint and Lloyds Banking Group extend cards partnership agreement

(Alliance News) - Lloyds Banking Group PLC will become the main card acquiring partner for PayPoint PLC under a deal announced on Wednesday.

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22 Feb 2024 14:33

PayPoint signs multi-year partnership with Royal Mail

(Alliance News) - PayPoint PLC on Thursday announced an agreement as its consumer channels shift continues to move towards out of home.

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25 Jan 2024 09:10

LONDON BROKER RATINGS: JPMorgan raises Admiral Group to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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24 Jan 2024 16:31

London close: Stocks rise on positive news from China

(Sharecast News) - London markets finished with a positive performance on Wednesday, driven by gains in the mining sector following China's announcement of an upcoming reduction in the reserve requirement ratio for banks.

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24 Jan 2024 10:01

Royal Mail could cut deliveries to three per week - Ofcom

(Sharecast News) - Ofcom has called for an overhaul of the UK's postal service, including potentially cutting deliveries to just three days a week.

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24 Jan 2024 08:53

Royal Mail could cut delivery days to three a week under overhaul plan

(Alliance News) - Royal Mail could be allowed to cut its letter deliveries to five days a week or three under options put forward by the industry watchdog as it warned the UK postal service risks becoming "unsustainable" without reform.

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24 Jan 2024 07:47

LONDON BRIEFING: abrdn to cut 100 jobs; Rio Tinto plane crash

(Alliance News) - Stocks in London are expected to open higher on Wednesday, following a largely positive performance in New York.

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23 Jan 2024 17:46

London close: Stocks slip as focus shifts to US earnings

(Sharecast News) - London's stock markets experienced a downturn on Tuesday, despite the release of favourable UK borrowing figures as investors turned their focus to earnings from prominent US companies on Wall Street.

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20 Jan 2024 11:14

PRESS: Ofcom could allow Royal Mail to stop Saturday postal deliveries

(Alliance News) - International Distributions Services PLC's Royal Mail could be allowed to stop Saturday postal deliveries as Ofcom will outline options for reforming the company's service obligations, Sky News reported on Saturday.

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18 Jan 2024 09:33

Royal Mail owner IDS has "best Christmas" in four years, hires new CFO

(Alliance News) - International Distributions Services PLC on Thursday appointed a new chief financial officer with immediate effect, alongside noting its "best Christmas" performance in four years.

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